NorthMarq Capital arranges permanent refinancing of $4.5 million for Linden West Apartments in Indianola, Iowa
Linden West Apts
OMAHA (August 2, 2018) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha regional office arranged permanent refinancing of $4,500,000 for Linden West Apartments, consisting of 96-units located at 1203 West 2nd Avenue, Indianola, Iowa. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
